SHANGHAI - The Shanghai-based China Eastern Airlines, a leading air carrier, said late Tuesday that its net profit in 2010 would hit a record high of 5.4 billion yuan ($816 million), 10 times that of 2009, thanks to the booming air travel in China.
The company said in a statement that in addition to brisk air travel, the merger with Shanghai Airlines also contributed to profit surge.Moreover, the six-month Shanghai World Expo brought large numbers of customers, according to the statement
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